Refer to Fact Pattern 21-1

question 23

Multiple Choice

Refer to Fact Pattern 21-1. Drilling Tools decides to sell its new securities via the Internet. Assuming Drilling Tools did qualify under Regulation A, its offering via the internet

• A)will avoid the payment of commissions to brokers or underwriters.
• B)is an investment scam.
• C)is a Ponzi scheme.
• D)constitutes insider trading.

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